Wednesday, December 11, 2013

Nifty Intraday Update-II


13 comments:

Raghavendra said...

Dear All,

If prices close at the same level for today.

JNSAR will crossover J10 SAR to upside tomorrow implying top is in at 6415.Though cannot be proven empirically, but i have been observing this for past 2 years and the cross over worked well on many occasions both at the bottoms and tops.

Raghavendra





Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6368, S1-6319, R1-6419, VWAP-6330

The CE writers slowly and steadily gaining control over the OI Table, but the PE writers still holding on, Till 6354NF is not crossed weakness remains…

Thanks & Regards

Ilango said...

Bearish:
6292 6294 ... is 50%-61.8% retrace of the last fall from …… 6301 to 6282

80% is - 6297

If weakness is to return, it should be around 6292 6294

Strength gets confirmed above 6294 OR 6297

Sujatha said...

ga sir nd friends

RIP - Wodeyar Maharaj.. sooo saddd

but students in hybernation mode or mood??

bye - tc

regds


Swami Shivkumaar said...

Dear Sir,
If possible kindly clarify. the above comments about bearish are only for intraday or even suggests for positional.(since positionally JNSAR & trend are up).
Rgds

Ilango said...

@ Swami Shivkumaar,

They are for "Intraday" only till a signal from Day T/F confirms a reversal.(Aggressively or conservatively)

Ilango said...

Bearish:
6313 6320 ... is 50%-61.8% retrace of the last fall from …… 6344 to 6282

80% is - 6332

If weakness is to return, it should be around 6313 6320

Strength gets confirmed above 6320 OR 6332

Ilango said...

Alt. Retrace:

Bearish:
6306 6313 ... is 38%-50% retrace of the last fall from …… 6344 to 6282

80% is - 6332

If weakness is to return, it should be around 6306 6313

Strength gets confirmed above 6313 OR 6332

San said...

@nissan deka
Daily close below 156 should take it below 150 and 144 levels.

Swami Shivkumaar said...

Dear Sir,
Thanks for your reply. If we close below DHEMA or DEMA will that qualify for an aggressive sell and if we close below DLEMA as conservative.(as JNSAR IS below DLEMA).Till that time we have to be long. Is my understanding correct. Kindly suggest sir when time permits

Aly said...

nifty targeting 6332 for the gap fill?

If reaches 6332 and fails to break above then it may go down to 6270 very fast

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